session 21-2 session 11 common origination and disbursement (cod) & commonline: dispel the myths
TRANSCRIPT
Session 21- 2
Session 11
Common Origination and Disbursement (COD) &
Commonline: Dispel the Myths
Session 21- 3
Session Objectives
What is COD vs. What is the Common Record? XML Basics and Benefits NCHELP, Standards and Governance Commonline, XML and the Common Record Getting Involved Resources Q & A
Session 21- 4
What is COD?
A system for Direct Loan, Pell, and Campus-Based programs
Records for processing– Pell– Direct Loans– Campus-based (Optional)– FFELP via Lender/GA of Choice
Session 21- 5
What is the Common Record?
“Common” because– it serves many different financial aid programs
and– it replaces the separate record layouts for
origination, disbursement and change record “Record” in the sense that all messages or
modules combined are a “record” of the student’s financial aid
Session 21- 6
What is the Common Record: Integration
Core: at STUDENT level Multi-dimensional by:
– SCHOOL– PROGRAM
Applicant data (CPS) to enable schools to group and view recipient data by attributes
Funds management data (FMS & GAPS) to enable schools to view complete financial status
Session 21- 7
The Basics: BlocksHere’s what we created
Session 21- 8
Technology: XML Basics
What is XML?Definition:
XML stands for Extensible Markup Language
XML is a transport device It is a meta-markup language much like
HTML XML is extensible, which means that
content can be added easily
Session 21- 9
XML Basics: Structure
Document Structure allows you to send data for:– Multiple Schools– Multiple Years– Multiple Awards
In ONE Transmission
Session 21-10
XML Basics and Record Organization
Draft 7/18/01
Session 21-11
What is an XML Schema?
The purpose of a Schema is to define the legal building blocks of an XML document
An XML Schema defines:– elements that can appear in a document– attributes that can appear in a document– which elements are elements– the sequences in which the child elements can appear– the number of child elements– whether an element is empty or can include text– default values for attributes
Session 21-12
XML Benefits
Format is student-centric, showing data for multiple financial aid programs on a single record
The entire common record or only those portions of the common record which changed can be transmitted
XML for the Common Record makes it easily changed or extensible
Format is human-readable, facilitating problem solving
Session 21-13
XML Benefits
XML is technology-neutral allowing trading partners to use different technologies in their own applications
XML enabled SFA to work with other data trading partners and standards bodies (CommonLine, NCHELP and PESC) to ensure the common record allows for easy inclusion of other student financial resource data
Session 21-14
The Benefits: Why XML
XML Bridges the Technology Gap
Legacy Systems
XML
Session 21-15
The Benefits: Why XMLWhy is SFA Adopting XML?
XML allows schools to use one Common Record between disparate databases or different systems like CommonLine and COD
XML allows users to share information seamlessly XML is future-oriented XML is the standard language of e-business and
the internet XML lets the industry describe virtually any type of
data and deliver it across a network
Session 21-16
NCHELP and Standards: The Electronic StandardsCommittee
Combined Efforts– CommonLine– Common Account Maintenance (CAM)– Common Claim Initiative (CCI)
School Advisory Group Electronic Standards Steering
Committee
Session 21-17
NCHELP and Standards: CommonLine
Initial Implementation in 1995 Release 5 scheduled for
implementation in April 2002 XML Version was the basis for the
Common Record
Session 21-18
CommonLine Defined
CommonLine is…
A standardized format and delivery processstandardized format and delivery process for the exchange of origination, origination, disbursement, and change transaction datadisbursement, and change transaction data between schools and their federal and and their federal and private student loan service providers.private student loan service providers.
Session 21-19
CommonLine Defined
Standard What?
– Data formats– Process flows– Data exchange mechanisms– Expectations
Session 21-20
CommonLine Defined
Standard Transactions:
– Application Send File
– Change Send File
– Response File
– Disbursement Roster
Session 21-21
CommonLine Defined
Transmission Protocols:
– FTP
– High Performance Channel
Session 21-22
Governance
Electronic Standards Committee Advisory Teams Steering Committee School Advisory Group
Session 21-23
NCHELP and Standards: The Electronic Standards Committee School Advisory Group
Membership– Public and private institutions– 2 year, 4 year and proprietary
programs– Graduate and undergraduate
Loan Delivery Systems– Homegrown– 3rd Party Developed
Session 21-24
CommonLine, XML and the Common Record
Migration Strategy– Step One – Finalize Schema Development– Step Two – Analysis of Universal Translator– Step Three – Continued Convergence
Target Date– April 2003
Session 21-25
CommonLine, XML and the Common Record
Support of the Common Record Data Dictionary
Support of the Common Record Block Structure
Session 21-26
Getting Involved!
Visit www.nchelp.org for more information
Join the ESC Join the School Advisory Group Contact Tim Cameron at:
– 202-822-2106– [email protected]
Session 21-27
Adopting XML: Where to Go for More Information
For Schools: Institution Solution Providers will develop products that will utilize XML, and should appear seamless
For Institution Solution Providers: SFA will continue to communicate with you on the basic elements of conversion to the XML Common Record, enabling you to assist schools
For EDExpress users: EDExpress will be modified, probably in 2003-2004
Session 21-28
Where to Go for More Information
IFAP NCHELP.org SFAdownload Other Sessions at this Conference Customer Service Call Center Training Tech Reference
Session 21-29
Questions and Feedback
Paul Hill
Phone: (202) 377-4323
Fax: (202) 275-3479
Email: [email protected]
Tim Cameron
Phone: (202) 822-2106
Fax: (202) 822-2142
Email: [email protected]